The Three Forms of Business Organizations Are ____________________, ____________________, and ____________________

question 101

Short Answer

The three forms of business organizations are ____________________, ____________________, and ____________________.

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Definitions:

Cluster Sample

A sampling method where the population is divided into groups, or clusters, and a random sample of these clusters is selected for study.

Randomly Select

The process of choosing items or individuals from a population such that each has an equal chance of being chosen.

Sample

A subset of individuals or observations taken from a larger population for the purpose of statistical analysis.

Nonresponse Error

Nonresponse Error occurs in statistical surveys when the answers of respondents differ from the potential answers of those who did not respond, potentially leading to bias in the results.